The Public Utilities Commission (PUC) has made an initial decision on an application by the Belize Electricity Limited for an increase in electricity rates.

In a release the PUC noted that in its initial decision the PUC has approved a Mean Electricity Rate (MER) of $0.3862 per kilowatt-hour, representing a 4.40% increase in the MER. The current MER is $0.3699 per kilowatt-hour). The release continues to explain that the Commission approved various adjustments to Cost of Power, Regulated Asset Value (RAV) and other Regulated Values approved for the Full Tariff Period of July 1, 2016, to June 30, 2020.

After this decision BEL and Interested Parties representing users of at least 10% of the electricity supply by BEL in the last calendar year may submit written comments, including objections, on the Initial Decision at the PUC’s offices or by email to
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by Friday, May 12, 2018.